Deadline: 3 May 2025
Do you manufacture products and want to begin nearshoring? The Nearshore is giving away grants to three businesses to fuel their nearshoring efforts. Apply Now!
Funding Information
- They’re awarding three $5,000 manufacturing grants for small businesses to use to purchase inventory.
Benefits
- In addition to the grant, winners will get introduced to verified manufacturers, a feature on their platform, and expert guidance.
Uses of the Fund
- The grant can be used for finished products, materials, components, packaging, or design services with a nearshoring factory, including set up fees, tooling and other initial expenses. Grant funds must be used with a factory or supplier on Nearshore in the USA, Latin America, or Europe.
Eligibility Criteria
- Must make under $5M in annual revenue
- Must produce a physical product
- Actively looking to nearshore their production in the USA, Canada, Latin America or Europe.
- Must be based in the US
Application Process
- You can apply using a written application or a video submission. Pick what feels authentic to you!
- Traditional Application
- Tell them about what you are nearshoring and how you’d use the $5K.
- Video Pitch
- Tell them about your product in 2 minutes or less. No fancy editing needed—just passion and courage!
- Traditional Application
For more information, visit Nearshore.